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Paul’s Substack

Paul Jacobson

My personal Substack largely about the Canadian economy.

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Substack
PricingOnly free issuesPublishesWeekly
Issues101Founded3 years agoLast Issue4 days ago
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Latest Issues

Labour Force Survey through 2026-07

Headlines

There is much positive data in the Canadian aggregate trends given the MAGA horror to our south. Strong growth in ON and BC contributed to the national picture. However, consistent results cannot be expected or assumed across t...

4 days ago

Merchandise Trade through 2026-06

Headline

If we are going to talk about nominal merchandise flows, we might as well show that the US which now takes only 69.5 % of our merchandise exports (p20).

That share is highly influenced by energy prices.

I have used the annual...

7 days ago
1

GDP - Industry - through 2026-05

Headlines

For an export-oriented economy with aggressive trading partners, things could look much worse for Canada. Business sector services contributed a bigger share to aggregate GDP than the good sectors.

The growth rates (0.6% goods...

12 days ago

Payroll and Vacancies through 2026-05

Headline

Particularly with factors such as the Census and disaster response, part-time work will assume some importance. Plotting hours highlights the basic issue.

The recovery from the beginning of the year weakness shapes the green ag...

13 days ago

CPI through 2026-06

Headline

Most of us have started to take the volatility of fossil fuel (gasoline) prices in stride since the start of Trump’s war of choice. The energy action has been significant.

Whether the diplomatic talks matter for long-term plann...

22 days ago

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  • Paul Jacobson

    Retired Economist - making his analysis available as a public service.

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